Form It-40 - Indiana Full-Year Resident Individual Income Tax Booklet - 2012 Page 46
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64Enter code 800 under line 6 if claiming this credit. See the Combined
Note. See the Restriction for Certain Tax Credits - Limited to One
Limitation on page 51.
per Project and the Combined Limitation on page 51 for additional
limitations.
Note. A substitute Schedule EZ for the ADZ must be enclosed if
claiming this credit.
Enter code 845 under line 6 if claiming this credit.
Airport development zone investment cost credit
Blended biodiesel credit 803
801
Credits are available for taxpayers who produce biodiesel and/
or blended biodiesel at an Indiana facility, and for dealers who sell
This credit is based on qualified investments made within Indiana. It
blended biodiesel at retail. Pass-through entities are eligible for this
can be up to a maximum of 30 percent of the investment, depending
credit. An approved Form BD-100 must be enclosed to verify the
on the number of employees, the type of business and the amount of
claimed credit.
investment in an airport development zone.
For more information, contact the Indiana Economic Development
For more information about this credit see Income Tax Informa-
Corporation, Biodiesel Credit Certification, One North Capitol, Suite
tion Bulletin #66 at , contact the Indiana
700, Indianapolis, IN, 46204, call (317) 232-8827, or visit their website
Economic Development Corporation, One North Capitol, Suite 700,
at Also, see Income Tax Information Bulletin #91 at
Indianapolis, IN, 46204, call (317) 232-8827, or visit their website at
for additional information.
Enter code 803 under line 6 if claiming this credit. See the Combined
Enter code 801 under line 6 if claiming this credit. See the Combined
Limitation on page 51.
Limitation on page 51.
Indiana’s CollegeChoice 529 education savings plan
Airport development zone loan interest credit 802
credit 837
This credit can be for up to five percent of the interest received from
all qualified loans made during a tax year for use in an Indiana airport
You may be eligible for a credit for contributions made to Indiana’s
development zone.
CollegeChoice 529 education savings plan. While there are many 529
college savings plans available both in Indiana and nation-wide, only
For more information on how to calculate this credit, see Income Tax
contributions made to this specific CollegeChoice 529 education savings
plan are eligible for this credit.
Information Bulletin #66 at
and Indiana
Schedule LIC at Enclose a substitute
Schedule LIC (as modified to reflect ADZ entries) if claiming this
For more information about this credit, see Income Tax Information
credit.
Bulletin #98 at . This plan is administered
through the Indiana Education Savings Authority. More information
Enter code 802 under line 6 if claiming this credit. See the Combined
can be obtained online at
and at
Limitation on page 51.
See Schedule IN-529 at
to figure your credit. This schedule must be
Alternative fuel vehicle manufacturer credit 845
enclosed when claiming the credit.
A credit is available for qualified investments made within Indiana
Enter code 837 under line 6 if claiming this credit. See the Combined
that foster job creation, reduce dependency on foreign oil and reduce
Limitation on page 51.
pollution.
A person that proposes a project to manufacture or assemble alterna-
tive fuel vehicles may apply to the Indiana Economic Development
Corporation before the qualified investment is made. A certificate
of verification from the IEDC must be enclosed when claiming the
credit.
For additional information, contact the Indiana Economic Develop-
ment Corporation, One North Capitol, Suite 700, Indianapolis, IN
46204, call (317) 232-8827, or visit their website at
Also, get Income Tax Information Bulletin #103 at
.
Page 46
IT-40 Booklet 2012
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial